News

Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

Rigzone·Mar 17·1 min read

Oil Settles Higher on Supply Threats

Global oil markets are reacting to heightened geopolitical instability in the Middle East, which has reintroduced a significant risk premium into crude pricing. The upward movement reflects investor a

Iran War Creates Energy Crunch for Australia

The potential for a wider conflict involving Iran is exposing deep-seated vulnerabilities in the global energy market, affecting even top-tier exporters like Au

Rigzone·Mar 17

How the Iran War Could Trigger a Global Credit Crunch

A potential military escalation involving Iran threatens to transcend simple supply disruptions by triggering a systemic global credit crunch. The resulting spi

OilPrice·Mar 17

How This Historic Oil Disruption Could Reshape the Global Energy Markets

The blockade of the Strait of Hormuz by Iran marks a transformative crisis for global energy security, effectively severing the world's primary oil artery. This

OilPrice·Mar 17

U.S. Eyes $1 Billion Payout to Scrap TotalEnergies Wind Projects

The incoming Trump administration is reportedly exploring a billion settlement to cancel offshore wind leases held by TotalEnergies in U.S. waters. This move r

OilPrice·Mar 17·TotalEnergies SE
Mar 17

Venture Global Approves CP2 LNG Phase 2

Mar 17

USA Gasoline, Diesel Prices 'Surge'

Mar 17

Orban Amps Up Druzhba Oil Standoff

Mar 17

Fresh gas discoveries in North Africa give Mediterranean energy security a leg up

Mar 17

New Zealand's Waihapa H1 Restarts Production

Mar 17

Azule Energy starts gas production at Angola’s Quiluma field

Mar 17

EIA Sees NatGas 'Relatively Unaffected' by Hormuz Development

Mar 17

Government hints at extending VAT relief as Iran war squeezes Cyprus household costs

Mar 17

Halliburton and partners complete automated well placement in Guyana

Mar 17

MidOcean to Acquire JERA Stakes in Gorgon, Ichthys